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Burford Capital Ltd - Notification of transactions by PDMRs

RNS Number : 7587M
Burford Capital Limited
13 May 2020
 

13 May 2020

Notification of transactions by persons discharging managerial responsibilities

 

Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, has been notified of certain share purchases made yesterday by Christopher P. Bogart, Burford's Chief Executive Officer, and Jonathan Molot, Burford's Chief Investment Officer.

Mr Bogart purchased 50,000 ordinary shares of nil par value in Burford ("Ordinary Shares") and Mr Molot purchased 50,000 Ordinary Shares, in each case on the market at a price of 483.0457 pence per share.

As a result of these transactions, Mr Bogart controls a total of 9,010,037 Ordinary Shares in Burford, amounting to 4.11% of the issued share capital and Mr Molot also controls a total of 9,600,000 Ordinary Shares in Burford, amounting to 4.38% of the issued share capital.

The Notification of Dealing Forms for each of the transactions mentioned above are included at the end of this announcement.

 

For further information, please contact:

Burford Capital Limited


Jim Kilman, Chief Financial Officer

+1 917 985 9840

Robert Bailhache, Head of Investor Relations - email

+44 (0)20 3530 2023



Macquarie Capital (Europe) Limited - NOMAD and Joint Broker

+44 (0)20 3037 2000

Jonny Allison


Alex Reynolds


Jefferies International Limited - Joint Broker

+44 (0)20 7029 8000

Graham Davidson


Tony White


Numis Securities Limited - Joint Broker

+44 (0)20 7260 1000

Charlie Farquhar


Jonathan Abbott


 

About Burford Capital

Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk managementasset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the London Stock Exchange, and it works with law firms and clients around the world from its principal offices in New YorkLondonChicagoWashingtonSingapore and Sydney.

 

For more information about Burford: www.burfordcapital.com

  

This release does not constitute an offer of any Burford fund. Burford Capital Investment Management LLC ("BCIM"), which acts as the fund manager of all Burford funds, is registered as an investment adviser with the U.S. Securities and Exchange Commission. The information provided herein is for informational purposes only. Past performance is not indicative of future results. The information contained herein is not, and should not be construed as, an offer to sell or the solicitation of an offer to buy any securities (including, without limitation, interests or shares in the funds). Any such offer or solicitation may be made only by means of a final confidential Private Placement Memorandum and other offering documents.

 

 

1

Details of the person discharging managerial responsibilities/person closely associated


(a)     Name

Christopher Bogart

2

Reason for the notification



(a)     Position/status

A PDMR occupying the position of Chief Executive Officer


(b)    Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor


(a)     Name

Burford Capital Limited


(b)    LEI

549300FUKUWFYJMT2277

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted


(a)     Description of the financial instrument, type of instrument

Ordinary shares of nil par value


Identification code

GG00B4L84979


(b)    Nature of the transaction

Purchase of ordinary shares


(c)     Price(s)and volume(s)

Price(s)

Volume(s)

483.0457p

50,000




(d)    Aggregated information

·    Aggregated volume

·    Price

N/A


(e)    Date of the transaction

12 May 2020


(f)     Place of the transaction

London Stock Exchange AIM market

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated


(a)     Name

Jonathan Molot

2

Reason for the notification



(a)     Position/status

A PDMR occupying the position of Chief Investment Officer


(b)    Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor


(a)     Name

Burford Capital Limited


(b)    LEI

549300FUKUWFYJMT2277

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted


(a)     Description of the financial instrument, type of instrument

Ordinary shares of nil par value


Identification code

GG00B4L84979


(b)    Nature of the transaction

Purchase of ordinary shares


(c)     Price(s)and volume(s)

Price(s)

Volume(s)

483.0457p

50,000




(d)    Aggregated information

·    Aggregated volume

·    Price

N/A


(e)    Date of the transaction

12 May 2020


(f)     Place of the transaction

London Stock Exchange AIM market

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Burford Capital Limited

Price: 519.2

Market: LSE
Market Cap: £1.14 billion
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